Base Offer Segment definition

Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single Existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers shall be determined pro rata based on their entitlements to Unforced Capacity from such resource.
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Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers
Sample 1Sample 2Sample 3
Base Offer Segment means a component of a Sell Offer based on an existing Generation
Sample 1Sample 2Sample 3

Examples of Base Offer Segment in a sentence

  • The Market Seller Offer Cap, stated in dollars per MW/day of unforced capacity, applies to the price-quantity offer within the Base Offer Segment for an Existing Generation Capacity Resource participating in PJM’s capacity auction.

  • The Market Seller Offer Cap, stated in dollars per MW-year, applicable to price-quantity offers within the Base Offer Segment for an existing Generation Capacity Resource shall be the Avoidable Cost Rate for such resource, less the Projected PJM Market Revenues for such resource.

Related to Base Offer Segment

  • First Offer Period has the meaning set forth in Section 13.5.

  • Real-time Offer means a new offer or an update to a Market Seller’s existing cost-based or market-based offer for a clock hour, submitted for use after the close of the Day-ahead Energy Market.

  • Offer Period has the meaning given such term in Section 4.1.